Sar Televenture Ltd
Price Range
₹200 - ₹210
Min. Quantity
500
Closes on
24 July 2024
Min. investment
₹1,05,000/500 Shares
Sar Televenture Ltd IPO Timeline
Sar Televenture Ltd was originally incorporated as 'SAR Televenture Private Limited' at Gurgaon, Haryana vide Certificate of Incorporation dated May 24, 2019 issued by the Registrar of Companies, Central Registration Centre. Subsequently, the Company was converted into a Public Limited Company and the name of Company was changed from 'SAR Televenture Private Limited' to 'SAR Televenture Limited' vide fresh Certificate of Incorporation dated April 13, 2023 by the Registrar of Companies, Delhi.
| Event | Date |
|---|---|
| Sar Televenture Ltd IPO Opening Date | 22 July 2024 |
| Sar Televenture Ltd IPO Closing Date | 24 July 2024 |
| Basis of Allotment | 25 July 2024 |
| Initiation of Refunds | 25 July 2024 |
| Credit of Shares to Demat | 26 July 2024 |
| Sar Televenture Ltd IPO Listing Date | 29 July 2024 |
Sar Televenture Ltd IPO Details
| Sar Televenture Ltd IPO Date | 22 July 2024 to 24 July 2024 |
| Sar Televenture Ltd IPO Face Value | ₹2 per share |
| Sar Televenture Ltd IPO Price | ₹200 to ₹210 per share |
| Sar Televenture Ltd IPO Lot Size | 500 |
| Issue Size | Shares of ₹2 (aggregating up to ₹149.99 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹150 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | M G Metalloy Pvt Ltd |
Sar Televenture Ltd IPO Lot Size
The Sar Televenture Ltd IPO lot size is 500 shares. A retail-individual investor can apply for up to 1 lots (500 shares or ₹1,05,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 500 | ₹1,05,000 |
| Maximum | 1 | 500 | ₹1,05,000 |
- Strengths
- Risks
- Opportunities
- Clientele base of three telecom service providers as a part of its portfolio.
- Growing its constant presence in telecommunications sector with high growth potential.
- Growth of business across jurisdictions.
- Experienced and dedicated senior team across key functions.
Company Financials
Sar Televenture Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 19.47 | 6.46 | 0.79 |
| 03-2022 | 4.11 | 4.75 | 0.04 |
| 03-2021 | 1.45 | 0.91 | -0.03 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding setting up of Fiber to the Home (FTTH) network solutions for 300000 Homes passed
- Funding setting up of a additional 1000 number of 4G/5G telecom towers
- Funding incremental working capital requirements of the company
- General corporate purposes
Sar Televenture Ltd IPO Promoter Holding
| Pre Issue Share Holding | 66.27% |
| Post Issue Share Holding | - |
Sar Televenture Ltd IPO Subscription Status (Bidding Detail)
The Sar Televenture Ltd IPO is subscribed 1.34 times on 24 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 1.34 |
Sar Televenture Ltd IPO Prospectus
Sar Televenture Ltd IPO Listing Date
| Listing Date | 29 July 2024 |
| BSE Script | 91900 |
| NSE Symbol | SARTELE |
| Listing In | NSE - SME |
| ISIN | INE0PUC01020 |
| IPO Price | ₹210 |
| Face Value | ₹2 |
Company Contact Information
P.No 346 A 2nd Flr Udyog ViharPhase 4,Gurugram-122016
Phone: 0124 45133283
Email: info@sarteleventure.com
Website: www.sarteleventure.com
Sar Televenture Ltd IPO Registrar
Sar Televenture Ltd IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd
FAQ
What is the issue size of Sar Televenture Ltd IPO?
I have pre-applied for Sar Televenture Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.